EGO 0.00% 12.0¢ empire oil & gas nl

The challenge, page-107

  1. 8,553 Posts.
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    goodaye Ahjay, it seems to me that it must be a "confidence" thing. ie to assuage the restless s/h.
    The only reason I say that, is because it is such a small purchase, relative to the rest of his holding. hardly worth the exercise when he already has just under 7m shares already.
    maybe averaging down?\
    directors can only buy when it is not a blackout period. so maybe no news for the immediate future?
    anyway, I suppose it can only be a positive?
    cheers
 
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